Tempe Real Estate powerpoint


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This slideshow provides demographic and development information about the City of Tempe, Arizona that is helpful to new businesses, brokers and Realtors.

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Tempe Real Estate powerpoint

  1. 1. Tempe, ArizonaThe Smart Place to Be
  2. 2. We’re different.Urban, densely populated, in the center of it allNot a sea of red tile roofs and swimming poolsLand Area in Square Miles – 40People per square mile in Tempe: 4,050For Arizona: 56.3Distance from downtown Tempe to airport?6 miles - about 10 minutes www.tempe.gov/business
  3. 3. Our ResidentsYoung, Smart and Fun161,700 residentsAverage age: 28.1 yearsOne of the youngest in the countryHigh School Graduation Rate – 89.3 percentBachelor’s Degree or Better – 41.3 percentAverage Arizona rate is 26.3 percent www.tempe.gov/business
  4. 4. Business AtmosphereTotal number of businesses in Tempe: 16,792Workforce: 150,000+ - Importer of jobsAverage commute: 20 minutesRetail sales per capita: $35,768 for TempeRetails sales per capita: $13,637 for state www.tempe.gov/business
  5. 5. Core IndustriesAerospace, Tourism + Retail, Manufacturing, Advanced BusinessServices and Technology20 percent of all Tempe jobs are tech-based www.tempe.gov/business
  6. 6. TransportationAverage commute: 20 minutes6 miles to Sky Harbor International AirportLight Rail from border to borderSurrounded by freeways on all sidesMost walkable city in ArizonaAbout 5 percent of workforce rides a bike to work www.tempe.gov/business
  7. 7. What Makes Us Cool150+ Special Events AnnuallyTempe Town LakeMill AvenueColleges and UniversitiesHistoric BuildingsLight RailForward-Thinking Atmosphere www.tempe.gov/business
  8. 8. DevelopmentBorders are set – upward redevelopment, not sprawlPremium prices for landHigher density in downtownParcels of vacant land available www.tempe.gov/business
  9. 9. Commercial DevelopmentHayden Ferry Lakeside IIIDiscovery Business CampusFountainhead Corporate ParkEmerald CenterASU Research ParkSRP Grand www.tempe.gov/business
  10. 10. ASU Research Park320-acre Research Park45 +/- available acres for developmentTenants: Edward Jones, Solterra Solar, Texas Instruments, moreASU Technical MBA program on siteCooperative research opportunitiesPatentable proprietary research contracts3 lakes covering 18 surface acres6 miles of surfaced jogging and bike trails www.tempe.gov/business
  11. 11. ASU Research Park www.tempe.gov/business
  12. 12. Discovery Business Campus136-acre mixed-use office park1.6 million square feet entitledClass A office, flex office, hospitality and retail development166,000 square foot two-story + 133,000 square foot one-story66,000 square foot high tech manufacturingForeign Trade Zone designation35,000 square foot clean roomAdjacent to ASU Research Park on Elliott and Loop 101 www.tempe.gov/business
  13. 13. Papago Park CenterSeveral existing office buildingsFortune 500 companiesThe Grand parcel offers 58+ acres of land for development www.tempe.gov/business
  14. 14. Papago Park CenterMixed use commercial projectApproximately 2 million square feet ofoffice, retail, and hotel development approved www.tempe.gov/business
  15. 15. Fountainhead Corporate Center170 acre mixed-use project1 million square feet of office270-room resortMark Taylor apartment community adjacent to siteNew retail development plannedCorporate neighbors: University of Phoenix, State Farm Insurance www.tempe.gov/business
  16. 16. Hayden Ferry Lakeside III10-story building on Tempe Town Lake250,000 square foot, Class A office towerCorner of Mill and Rio Salado Parkway, gateway to downtownTempePart of award-winning Hayden Ferry Lakeside development www.tempe.gov/business
  17. 17. Hayden Ferry Lakeside www.tempe.gov/business
  18. 18. Emerald Center140 acre site for retail, hotel, some officeAbout 8 acres remain for developmentHome to IKEA, Total Wine, Dick’s Sporting GoodsI-10 and Elliott Road www.tempe.gov/business
  19. 19. HotelResidence Inn by MarriottUnder construction – Completion early 2014173 rooms5,700 square feet retail3,500 square feet meeting space$28 million investmentIn the Mill Avenue District in Downtown Tempe www.tempe.gov/business
  20. 20. HomesTempe Housing Units – 73,462Homeownership rate – 46.7 percentMulti-unit structures – 44.7 percentMulti-family units planned/under construction: +/- 4,000 www.tempe.gov/business
  21. 21. Multifamily HousingCabana on McClintock – 180 unitsMark Taylor – two new communities – about 600 unitsRetreat on Apache – 125The Hub – 269 units with 22,000 square feet retailFairfield of Tempe – 300 unitsMany new apartment homes under construction or planned www.tempe.gov/business
  22. 22. Contact UsTempe Economic DevelopmentBusiness@tempe.gov * www.tempe.gov/businessTwitter: @tempegov * www.facebook.com/cityoftempe480 350-4311